Economic Commentary

ECONOMY & POLICY January 05, 2024   Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve (Fed) left the door so wide open after the end of the Federal Open Market Committee (FOMC) meeting in mid-December 2023, that markets have run ahead and have continued to push long-term rates lower since the […]

ECONOMY & POLICY December 29, 2023   Chief Economist Eugenio J. Alemán discusses current economic conditions. The year 2023 will be remembered by economists and investors as 365 days of resiliency and defied expectations. This week’s Weekly Economics will dive into the U.S. economic landscape and summarize the major factors that shaped the nation’s economic […]

RETIREMENT & LONGEVITY   Washington Policy Analyst Ed Mills outlines key components of the new legislation. The year-end fiscal 2023 government funding bill contained legislation that makes the most significant changes to the U.S. retirement savings system in decades. The SECURE 2.0 Act builds on retirement savings changes passed in 2019 and contains new provisions […]

MARKETS & INVESTING December 13, 2023   A tentative timeline toward rate cuts in 2024 was revealed in the updated Summary of Economic Projections. The Federal Reserve (Fed) elected to not raise the federal funds rate at the December 2023 Federal Open Market Committee (FOMC) meeting. It is the third consecutive meeting during which the […]